The Space Race was an informal bout between the Soviet Union (USSR) and the United States (USA) over the ascendancy of space exploration, lasting from 1957 to 1975. The first success was by the Soviets during the Eisenhower era, with Sputnik being the first artificial satellite in space in 1957. Already, the Soviets led the competition. But with the Kennedy administration spearheading the Apollo program in 1961, the U.S. took the lead when Apollo 11 landed astronauts on the moon in 1969.

In last night's address, Obama stated:

"This is our generation's Sputnik moment.

"We're issuing a challenge. We're telling America's scientists and engineers that if they assemble teams of the best minds in their fields, and focus on the hardest problems in clean energy, we'll fund the Apollo Projects of our time. Two years ago, I said that we needed to reach a level of research and development we haven't seen since the height of the Space Race." [via Huffington Post]

What does all this mean? A bigger focus on clean energy. But a bigger focus on greener energy means money. Obama claims he is going to urge Congress "to eliminate the billions in taxpayer dollars we currently give to oil companies" to help pay for clean energy research and development.

"I don't know if you've noticed, but they're doing just fine on their own. So instead of subsidizing yesterday's energy, let's invest in tomorrow's," he added. [via CNN Money]

Obama also expressed his curiosity in solar shingles, which are the future for reliable and sustainable energy.

Solar Shingles are solar cells and are also referred to photovoltaic shingles. They are designed to look like convention asphalt shingles.

Solar Shingles were first made available in 2005. In 2009, this solar energy apparatus gained media attention when the Dow Chemical Company estimated that their entry into the solar shingle market would generate $5 billion in revenue by 2015 and $10 billion by 2020.

Solar Shingles are hailed as a better option among the other clean energy alternatives as they are cheaper than solar panels and are easier to install. [via IBTimes]

But in the world of DIY, solar shingles are not as easy, nor as cheap as creating your own solar panels.

Building a Solar Panel

Making your own solar panels to help save energy and money on your electric bill is actually easier than you may think. DIY solar panels aren't as powerful as expensive pre-made ones, but for all you do-it-yourselfers trying to save a buck or two, these makeshift solar panels are a great alternative. Pete from MixCat will show you how it's done.

These solar panels are made from solar cells, which are relatively cheap, at a buck or two a pop. The overall cost for the project will be about 1/3 the cost of store-bought solar panels. If you're looking to wean yourself off the electric grid and save money, this is the perfect project for you.

For this solar panel, the solar cells are wired into a series circuit.